Currency in Burkina Faso – West African franc XOF
A practical foreign exchange and currency guide to Burkina Faso
What’s in this Burkina Faso currency guide:
What currency is used in Burkina Faso?
The official currency of Burkina Faso is the West African franc, with symbol and currency code XOF.
Things to know about the West African franc
The West Africa CFA franc (XAF) is the currency of six independent states in Western Africa - Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo.
In several central African states the Central African CFA franc (currency code XAF) is in circulation, such as Cameroon - Central African CFA franc. The Central African CFA franc is of equal value to the West African franc. Both XAF and XOF currencies are referred to as the CFA franc.
What the West African franc looks like?
West African franc – Markets & Rates
| Date | USD/XOF | Change | Period |
|---|---|---|---|
05 May 2022 | 622.37 | 0.4% ▼ | 2 Week |
18 Feb 2022 | 579.36 | 7% ▲ | 3 Month |
19 May 2021 | 538.97 | 15% ▲ | 1 Year |
20 May 2017 | 587.98 | 5.4% ▲ | 5 Year |
21 May 2012 | 515.24 | 20.3% ▲ | 10 Year |
24 May 2002 | 713.93 | 13.2% ▼ | 20 Year |
Compare West African franc Exchange Rates & Fees
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend West African franc.
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Travelling to Burkina Faso
Whether it’s the mud architecture of the Tiebele royal court or the grand mosque, the reserve de Nazinga wildlife park, or the stepped waterfalls, there are many worthwhile reasons to visit landlocked Burkina Faso. The currency is Communaute Financiere Africaine Francs (XOF). If you are bringing foreign currency for exchange, euros will be the safest bet . ATMs are widespread in cities and credit cards are not generally accepted. Unfortunately, at the time of writing April 2018, many countries are advising against non-essential travel to Burkina due to the high risk of terrorist attacks. The Zika virus is also considered a risk at present.
The West African franc is also the domestic currency in 7 other countries.
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